Trading the euro: A seat on the Titanic?
From cnbc.com
With the European Central Bank (ECB) set to meet on Thursday, currency strategists are weighing up whether to join a crowded trade and short the euro or whether to go long and get comfortable with what has been described as a "seat on the Titanic." The common currency - shared by the 18 nations in the region - has been a one-way trip south this year with the ECB expanding its balance sheet while central banks in the U.S. and the U.K. have been looking to reverse their ultra-easy policies. The euro was trading at a two-year trough of $1.2571 on Wednesday morning, according to data from Reuters, before rebounding ...
(full story)